Williams as the first dimension of his technical analysis system. Fractals are essentially short-term support and resistance levels in the price chart, and these are the fundamental building blocks of the alligator trading system.
the fractals and alligator indicators the base of the strategy. This strategy is based on two indicators designed by bill williams and included in most trading terminals by default fractals alligator fractals indicator settings. The fractals indicator looks like an arrow above a japanese candlestick or a bar and points at the price extreme.
hello friends today videos is a amazing trading system (fractal alligator trading system) in this system required two indicator combination fractal & alliga.
so in order for a fractal to appear and stay on the chart forever, the trader must wait for 2 candles to the right of the fractal. Lets get into our chart example for this bill williams fractals alligator trading system.
alligator and fractals trading strategy indicators was developed by bill williams. The topics covered includesintroduction to bill williams trading theorybi.
step 1 apply both fractals and bill williams alligator indicator on your chart step 2 a down fractal must appear below alligator teeth and the price action must stay below the alligator teeth for at least 5 consecutive candles.
My favorite fractal tool is the alligator indicator, which is a moving-average tool that relies on fractal geometry and smmas.
in this video i will explain how to use bill williams fractal and alligator combination strategy!learn more httpswww.
the fractal alligator system, is one indicator that i cant work out how to read its output, take the example below eurusd fractalalligatorsystem(eurusd) fractalalligatorsystemset buy 1. 37588 where i am confused, is that its telling me to buy in the past.
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